Arvada Sunrise Rotary Club Foundation
- Assets
- $28.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arvada, CO
- Founding
- 11/1994
- Data as of
- 12/2019
- EIN
- 84-1236311
Organization Overview
Arvada Sunrise Rotary Club Foundation is located in Arvada, CO. The organization was established in 1994. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arvada Sunrise Rotary Club Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Arvada Sunrise Rotary Club Foundation generated $15.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (57.0%) each year. All expenses for the organization totaled $16.6k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (52.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE GIVING.
Describe the Organization's Program Activity:
Part 3
DURING THE SCHOOL YEAR, ARVADA SUNRISE ROTARIANS VOLUNTEER AT SWANSON ELEMENTARY SCHOOL WEEKLY TO PACK BAGS OF FOOD FOR STUDENTS AS PART OF COMMUNITY TABLE'S FEEDING THE FUTURE PROGRAM. THE FOUNDATION PAYS FOR THE FOOD THAT IS USED.
THE ARVADA SUNRISE ROTARY CLUB FOUNDATION SUPPORTS PROJECTS OF SCHOOL COMMUNITIES OFFERING PROJECTS THAT EMPOWER (SCOPE). THE FOUNDATION HAS COLLECTED AND REPAIRED BOOKS AND PAID FOR THE SHIPMENT OF THOSE BOOKS AND OTHERS COLLECTED BY SCOPE TO KENYA FOR LIBRARIES THERE. IT HAS ALSO FUNDED CLEAN WATER PROJECTS IN THE SAME AREA. AN ARVADA SUNRISE ROTARY CLUB ROTARIAN TRAVELS THERE SEVERAL TIMES A YEAR TO OVERSEE THE PROJECTS.
THE ARVADA SUNRISE ROTARY CLUB FOUNDATION SPONSORS SPEAKUP ANNUALLY. THIS IS A SPEECH COMPETITION FOR HIGH SCHOOL SENIORS WHO NEED TO APPLY AND GO THROUGH AN INTERVIEW PROCESS. THOSE WHO ARE SELECTED GIVE SIX TO EIGHT MINUTE SPEECHES ON THE ROTARY THEME OF THE YEAR AND THE ROTARIAN FOUR WAY TEST. PARTICIPANTS RECEIVE SCHOLARSHIPS FOR COLLEGE. THE PROGRAM GRANTED 4,000 IN SCHOLARSHIPS. MEMORIAL DONATIONS IN THE NAME OF A SPOUSE OF AN ARVADA SUNRISE ROTARIAN AND SPONSORSHIPS COVERED 2,775 OF THE TOTAL COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erv Zimmer President | 0.5 | $0 | |
C Michael Litzau Treasurer | 1 | $0 | |
Heidi Wolle Director | 0.5 | $0 | |
Julie Henderson Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,891 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,470 |
| Other Revenue | $123 |
| Total Revenue | $15,484 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $180 |
| Total expenses | $16,568 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,283 |
| Other assets | $0 |
| Total assets | $28,283 |
| Total liabilities | $4,570 |
| Net assets or fund balances | $23,713 |
Grants Awarded
Over the last fiscal year, Arvada Sunrise Rotary Club Foundation has awarded $651,762 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FOOD EXPENSE- FFT | | | $634,108 |
SCOPE PROJECTS | | | $7,000 |
RACE 4 ROTARY | | | $10,654 |